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Home My WebLink About0546 wiTH FUTU~iE AOVANCE ~r•~,•. 4~,?~~4 -T THIS MORTGAGE, made this day ol Mar_.___~,~~__~-__ . A.O.. 19 , be~ween~ Harry D t~laxwell and MarAaret I Maxwell~ his M?1fg_ ___T Itito~?~~.~yo~1 and Sun Bank of St. Lucie County ~Mo~~~~: (Nameo~ Sun Bank1 WITNESSETH, tha~ Mongaqor, (or and ~n cons~dera[~on ot the prem~ses and ~n orde? to secure !he payment ot the pnnapai ard ~nteres~ on the r+ote (as her~~nafter definedl, Mortgago~ he~ebv grants, ass~gns transters a~d matqages to Mortgagee, rts successors and ssspns forwer, ths lolfowmg desuibed real property St. 1.UC~@ - Coumy, Fbrda, to wu: All of Lot.34, aad Lot 35 less the South 14 feet, Block 24; INDIAN RIVER ESTATES, UNIT S, according ot fhe plat thereof recorded in Plat-.Book 10, page 58, in the Public Records of St. Lucie County, Florida. ~ Rseslvsd ! ~ This is a second 'mortgage oue On Cta M~K aT~"~' ss C Intarpbl~ pw~~{ ( pu~tUaM t0 C~PLK 77~ t ~~~,~g ~ - - ~ ~~C'~ ~"~'.s Roc~R Pa~ . c S~. ~ER p0~ RAS ` r~ .t 9 - ~~TATE QF FLO R i D A~ ~L~~K C~ZCU~T CO R ~ c~~~un ~ UOCUMENTARY STAMP Tt~3(~ ' ~ `fi~ ~~'~F?E'~ . DEPl.Oi REYENYE f, ~ ~ ~A~ 11 12 3i PH ~~U - - s = T~ ,r ~ur~r» • ~ ~ Q z 0 I - ~ t t 2 ' ~ . (hereinatter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby tuny wa~rant the uNe to the Mortgageti Property and wi~l defend the same aga~nst the lawfu~ clauns of all persons wl~omscever. PROVIDEU ALWAYS, that ~f Harry D and Margaret I Maxwell , the Makerls) of th2t [Inse~t Namelsl) their i ce~tam prom~ssory note dated the date hereof (the Notel, he~rs, legal represe~taUves or au~gns shall pay to Mortga9ee ~ the pnnc~pal sum ot S 6756.-60 as ev,denced by the Note, w~th ~nterest and upo~ ihe ~erms as prov~ded there~n, the final ~ rtwtunty date of the Note and oi th~s Mortga9e bemg /~/Q~N. a-(i , 19 whkh Note provides that 5 alI ~nstaliments of pr~nc~pal ~nd interest are payabM at the offKe ~t Mortgagee, or at wch other place as the holder rrwy des~gnate in wrlUng, and that each maker and endorser agree to pay alt costs of-coltect~on, ~nclud~ng a reasonable attorney's ~ee, upon default in the payment of fhe Note, and that If default be made in the payment oi any instaltment thereurder and that ~f wch default n not made good ~n atcordance w~th the terms of the Nott, that the entire prmc~pal wm and accrued, ear~ed mterest shalt become due and payable ~ without notice at the option oi the hotder thereof; and shall per(o~m and comply w+th each and every si~pulatwn, agreement and'cov- enant of the Note and ot this Mortgage, then th~z Mortgage a~d the estate hereby created shafl be vo~d, otherwise the same shall rema~n ~ m tull for~e. Maker Cwenants to pay the mte~est a~d prmapal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on sa~d prope*ty: to carry ~nsurance aga~nst f~re on the building on sa~d land tor not 1¢~s than S B8 , app~oved by the Mortgagee, wrth sta~dard mortgage loss dause payable to Moitgagee, the pot,cy ro be beld by the Mortgaqee and to keep the ; bu~lding on sa~d land ~n proper r?pa~r. ~ ~ - i Th~s Mortga9e sha11 secure not only exestrng ~ndebtedness, but also wch tuture advances, whether wch advarxes are obl~gatory or to be made at the option of Mortgagee, o~ otherwise, as are made w~thin twe~ty (20! years irom the date hereot, to'the same extent as F C v ~f wch fuwre advances were made on the date of the execuhon of th~s Mortgage, but such secured ~ndebteAness shall not exceed at any `J. ~,i t~me the maximum prmupal arrouot of $ ~ , plus Mterest, a~d any d~sbursements made for tAe payment _ ~ of taxes, lev~es, pr msurance, on the Mortgaged P~operty, vr~th ~nterest on wch ~~~ursements. Any wch. tuture advances, whethef oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made erthe~ prior to or after the due date ot the Note or C any other notes secur~ by th~s Mortgage. This Mortgage n grven for the specrf~c purpose of 5¢~urmg any and all ~ndebtedness by the : _ Make~ to Mor[gagee (bert ~n no event shall the secured mdebtedness exceed at any tune the max~mum pnnapal amount set forth u~ th~s - _ paragraph) ~n whatever manne. ih~s ~ndebtedness may be evdenceti or rep:esented, unt~l ih~s Mortgage ~z sausfied of record. All cove• ' ~ ~ants and agreements contamed ~n th~s h7or[gage shall be appl~cable to aU further advances made by Mortgagee to Maker under tha - tuture advance ctause. • ? ~i~j'~i ~ . Should any oi the above covenants be broke~ then ihe Note and all moneys secured hereby ihalt, w~tAout demand, tf~e ~i Mortgagee, so elect, at once become due and payable and th~s mortgage may be foreclosed, ancl all costs a~d expenses of collection and -~V reasonable attorneys' fees, ~nClud~ng cozts, expenses and reasonable attorneys' tees on appea~, ~t ~ollected by legat proceed~ngs o? through a~ attorney at law, shali be pa~d by. the Maker, a~d the Same are hereby s¢cured. ~ ~ ,~J 9~ tN WITNESS WHEREOF, the hlortgagor has executed th~s Mo~tgage as of the date hrst above set torth. ~ S~qn a12d and delevered ~n our r sence' ' i ~ ~ ~ - ' " ~ -C ' ~1 ~ / ~ `ll / ~ U ~ -~~€au rga~tt~~xw 11 ~ STATE OF Florida ? _ COUNTY OF SC. Lucie ~ ~ , } ' 1 HEREBY CERTIFY, that o~ ~h~s dav. before me, an ot(,cer duly a~r~~d ~n (he S~ate aforesa~d and m ihe County atoresa~ ~ z Harr and a~~~. ,sC•~1?fe~tfel.2 ~ to take acknowledgments, pe~sona~ly appearPCf y s,,,..~_ tp me known to be ihe Person desc?~bed r.-:-~~.y!~ ~n and who executed the foregpmg ~nstrument and they '~~~,~8 that they executed the same. ~ Q y = WITNESS my hand and offK~al seat the Cou~ty and State last afof 1a ~hn ~ day ot Mai . A.D.. 19 . ; - I~+~-v Nota.y Pub?~ ,L; _ - 80U~.V~ PA~ Mv co~?;~ ~•~E J~~ '~sw_._ X~~r s°fC STll7f O~ fl.ORlD1~ RTLJ1fOC2~ - i ~~-«xr 4-601400a7 RdV. 8/77 . . MT G:iH~VlISS10N E.L~ii.fS D•.C . i i tY$1 ~ ~ - 1 ~ON~ED i?iRUC"x,vEiJLL ~NS. 1!l~UERYiR11~RS • c.~.,:~.,.~.~.. „Uz=~~~~~~ y - - - - ' .